Note: We’re bringing back our weekly series of HFF Financial Literacy Heroes. We’ll be posting and linking daily to financial literacy news from across the country and around the world. Then, every Friday, we’ll put together our list of the top movers and shakers in personal finance from the previous week. If you’ve been fighting the good fight, look for your name among our FinLit Heroes!
Our FinLit Heroes this Friday include a teacher, two tech company founders, and someone you know (again)!
Brockton 21st Century Corporation and Massasoit Community College
A partnership between the two Brockton, Massachusetts-based institutions will provide free classes in financial literacy and English two residents who need help with both. According to the Boston Globe, “Students…will learn how to speak, read, and write English…Toward the last week of classes, financial advisers from Eastern Bank will teach students how to handle basic banking, improve their credit, and more.”
Polsky Center on Innovation & Entrepreneurship
The University of Chicago’s Polsky Center, with funding from JP Morgan Chase, will send students to “provide hands-on consulting experience” to small businesses in Chicago’s South and West sides. JP Morgan is also funding a program designed by Northwestern University’s Kellogg School of Management to “offer a four-day residential management educational program to target minority-owned and other businesses that have significant percentages of employees from Chicago’s under-resourced neighborhoods.”
A former physical education teacher, Stacy Mix, of Oregon’s Aloha High School, now teaches an in-depth financial preparedness class. Yesterday’s FinLit News Roundup mentioned one interesting technique she uses: setting her students the dreary task of reading corporate terms-and-services agreements.
Tim Lampkin and Sheena Allen, CapWay
The two Mississippi-born founders of CapWay, a financial literacy-focused educational app, are trying to help the many Mississippi residents who are unbanked, underbanked, or caught in a “bank desert.” Theirs is one of several financial literacy programs hoping to make a difference in one of America’s poorest and most unequal states; another is run by Regions Bank and Operation HOPE, an old friend of our show.
Yes, you. As we bring back our weekly FinLit Heroes post, we feel it’s important to remind you to strive to be a FinLit Hero yourself! Whether that means getting your own finances in order or hitting the right notes when you pass on what you know to the next generation, each and every one of you (and us) holds the key to making our collective future less stressful and more secure. So keep your goals in mind, remember that only you can protect your financial future, and, of course, don’t forget to tune in every week to Home & Family Finance Radio!